Thus, after the limit is reached, the export of grain outside the EAEU will be suspended. The agriculture Ministry has no plans to increase the quotas on grain exports in the current season. “Exceptions for private companies is also not provided, a mechanism was developed without separating the permitted volume of export between market participants”, – said the Loot.
thus, according to forecasts of Deputy Minister, this week the price of grain not just stabiliziruemost, and a little lower. Now exporters are laying the discount in the sale of grain, taking into account risks to contracted and do not meet the quota. Lower prices will enable processors to buy grain from growers at affordable prices.
Now the exporters are trying to manage to fit in a quota that encourages competition, the demand for grain and, consequently, prices. But in recent days, the growth of grain prices slowed down, admits Vice-President of Russian grain Union Alexander Korbut. However, in his opinion, to say that then they rush down prematurely. Much will depend on export prices in the global market – whether they will go down and how fast, and what will happen to the ruble exchange rate. If you look at the experience of the grain embargo 2010-2011 (when the export of grain from the country was banned completely), then the prices stabilized but then began to follow the global market, is reminiscent of Korbut.
the Expert also said that Russian farmers in recent years has built enough modern silos in which grain can be left for a long period of time. “It is possible that after fetching quotas, agricultural producers grain will stick, and then, with the opening of export sell. As it was in July 2011, when after the lifting of the embargo, we saw a sharp growth of exports,” – says the expert.
Recall that the quota for the export from Russia outside the EAEU is valid for the main grain crops – wheat and meslin, rye, barley and corn. According to the plans of the Ministry of agriculture, together with commodity interventions restrictions on the export of grain will ensure the needs of the domestic market and prevent the price hike of staple crops and consumer prices for end products, flour, cereals, bakery and dairy industries.
grain Prices are rising since the beginning of March. By the 20 th of March, they already broke the historical record.
